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Nabis raises $5m Series A to grow its cannabis distribution platform

6 years ago
The cannabis industry is quickly growing up, and companies like Nabis play a critical role. Today, the company is announcing it raised $5 million in Series A funding, which will help it grow and expand its offering. Nabis is a business to business distributor, handling logistics, payment, and warehousing. Instead of being a distributor for […]

Temporal raises $18.75M for its microservices orchestration platform

6 years ago
Temporal, a Seattle-based startup that is building an open-source, stateful microservices orchestration platform, today announced that it has raised an $18.75 million Series A round led by Sequoia Capital. Existing investors Addition Ventures and Amplify Partners also joined, together with new investor Madrona Venture Group. With this, the company has now raised a total of […]

Stellar blockchain will soon support USDC stablecoin

6 years ago
USDC, the stablecoin co-founded by Circle and Coinbase, first started as an Ethereum-based token. After adding support for the Algorand blockchain, Centre, the consortium that manages USDC, is announcing that Stellar will be the third blockchain that supports USDC. The rollout should happen at some point during Q1 2021. USDC is a cryptocurrency that follows […]

Nvidia will power world’s fastest AI supercomputer, to be located in Europe

6 years ago
Nvidia is is going to be powering the world’s fastest AI supercomputer, a new system dubbed ‘Leonardo’ that’s being built by the Italian multi-university consortium CINECA, a global supercomutin leader. The Leonardo system will offer as much as 10 exaflops of FP16 AI performance capabilities, and be made up of more than 14,000 Nvidia Ampere-based […]

YouTube bans videos promoting conspiracy theories like QAnon that target individuals

6 years ago
YouTube today joined social media platforms like Facebook and Twitter in taking more direct action to prohibit the distribution of conspiracy theories like QAnon. The company announced that it is expanding its hate and harassment policies to ban videos “that [target] an individual or group with conspiracy theories that have been used to justify real-world violence,” according to […]

Bipedal robot developer Agility announces $20M raise

6 years ago
Agility, the Oregon State University spinoff behind Digit and Cassie, announced this morning that it has raised $20 million in funding. The latest round, led by DCVC and Playground Global, brings the startup’s total funding up to $29 million. Other recent investors include TDK Ventures, MFV Partners, the Industrial Technology Investment Corporation, Sony Innovation Fund […]

Alpaca raises $10M Series A for its API-powered equities trading service

6 years ago
This morning Alpaca, a startup that helps other companies add commission-free equities trading to their own products, announced a $10 million Series A. The new capital event was led by Portag3, and included prior investors Social Leverage, Spark Capital, Fathom Capital and Abstract Ventures. The company previously raised a $6 million pre-seed and $6 million […]

Koyeb raises $1.6 million for its serverless data-processing engine

6 years ago
French startup Koyeb has raised a $1.6 million (€1.4 million) pre-seed round. The company focuses on data-processing workflows across multiple cloud providers. It hides many complexities using a serverless model. Jean-David Chamboredon and Juliette Mopin from ISAI are leading the round with Plug and Play Ventures, Kima Ventures, AceCap and a long list of business […]

Snapchat launches its TikTok rival, Sounds on Snapchat

6 years ago
Snapchat this summer announced it would soon release a new music-powered feature that would allow users to set their Snaps to music. Today, the company made good on that promise with the launch of “Sounds on Snapchat” on iOS, a feature that lets users enhance their Snaps with music from curated catalog of both emerging […]

Application security platform NeuraLegion raises $4.7 million seed led by DNX Ventures

6 years ago
Application security platform NeuraLegion announced today it has raised a $4.7 million seed round led by DNX Ventures, an enterprise-focused investment firm. The funding included participation from Fusion Fund, J-Ventures and Incubate Fund. The startup also announced the launch of a new self-serve, community version that allows developers to sign up on their own for […]

Spain’s Savana Medica raises $15 million to bring its AI toolkit turning clinical notes into care insights to the US

6 years ago
Savana, a machine learning-based service that turns clinical notes into structured patient information for physicians and pharmacists, has raised $15 million to take its technology from Spain to the U.S., the company said. The investment was led by Cathay Innovation with participation from the Spanish investment firm Seaya Ventures, which led the company’s previous round, and […]

France and the Netherlands signal support for EU body to clip the wings of big tech

6 years ago
The French and Dutch governments have signalled support for EU rules that can proactively intervene against so-called gatekeepers, aka “structuring platforms” or “large digital platforms with significant network effects acting as gatekeepers” — or, more colloquially, ‘big tech’. They have also called for a single European body with enforcement powers over such platforms — and […]
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